[DallasMike]

It seems that way. But the fact is, we pay an interest on our currency to use it. A LARGE interest.

Yes, inflation is certainly a problem. However, going to a gold standard (or platinum, or silver, or gummy bears) will not eliminate inflation. We certainly had both inflation and deflation while we were still on a gold standard.The discovery of a huge gold deposit could jack up inflation while a war or coup in South Africa would bring about deflation. While our banking system can leave much to be desired -- especially during time of rampant goverment spending -- I would rather trust the value of the dollar to them than to mining companies in South Africa.

[Tolerance Sucks Rocks]

However, consider what might happen if the Fed chairman or board had a disagreement with the current administration. He or they might get the Fed to crank out currency, creating an inflationary spiral that wouldn't reflect well on the administration, since the general population, I presume, would simply see the inflation, but not the Fed's invisible hand.